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Zebra Technologies (Zebra Technologies) Cyclically Adjusted PS Ratio : 3.22 (As of Apr. 28, 2024)


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What is Zebra Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Zebra Technologies's current share price is $297.21. Zebra Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $92.33. Zebra Technologies's Cyclically Adjusted PS Ratio for today is 3.22.

The historical rank and industry rank for Zebra Technologies's Cyclically Adjusted PS Ratio or its related term are showing as below:

ZBRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 3.89   Max: 9.2
Current: 3.22

During the past years, Zebra Technologies's highest Cyclically Adjusted PS Ratio was 9.20. The lowest was 1.77. And the median was 3.89.

ZBRA's Cyclically Adjusted PS Ratio is ranked worse than
81.95% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs ZBRA: 3.22

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Zebra Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was $19.520. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $92.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zebra Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zebra Technologies's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zebra Technologies Cyclically Adjusted PS Ratio Chart

Zebra Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 6.67 8.49 3.08 2.96

Zebra Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.08 3.66 3.31 2.59 2.96

Competitive Comparison of Zebra Technologies's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Zebra Technologies's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zebra Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zebra Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zebra Technologies's Cyclically Adjusted PS Ratio falls into.



Zebra Technologies Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Zebra Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=297.21/92.33
=3.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zebra Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Zebra Technologies's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.52/129.4194*129.4194
=19.520

Current CPI (Dec. 2023) = 129.4194.

Zebra Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.655 99.695 7.341
201406 5.625 100.560 7.239
201409 5.893 100.428 7.594
201412 15.281 99.070 19.962
201503 17.625 99.621 22.897
201506 17.479 100.684 22.468
201509 17.907 100.392 23.085
201512 18.572 99.792 24.086
201603 16.550 100.470 21.319
201606 17.057 101.688 21.709
201609 17.489 101.861 22.221
201612 18.179 101.863 23.097
201703 16.337 102.862 20.555
201706 16.865 103.349 21.119
201709 17.905 104.136 22.252
201712 19.049 104.011 23.702
201803 18.097 105.290 22.244
201806 18.652 106.317 22.705
201809 20.064 106.507 24.380
201812 20.867 105.998 25.478
201903 19.540 107.251 23.579
201906 20.074 108.070 24.040
201909 20.682 108.329 24.708
201912 21.853 108.420 26.086
202003 19.367 108.902 23.016
202006 17.811 108.767 21.193
202009 21.074 109.815 24.836
202012 24.308 109.897 28.626
202103 24.961 111.754 28.907
202106 25.544 114.631 28.839
202109 26.658 115.734 29.810
202112 27.230 117.630 29.959
202203 26.793 121.301 28.586
202206 28.156 125.017 29.148
202209 26.420 125.227 27.305
202212 28.923 125.222 29.893
202303 27.151 127.348 27.593
202306 23.478 128.729 23.604
202309 18.622 129.860 18.559
202312 19.520 129.419 19.520

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Zebra Technologies  (NAS:ZBRA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Zebra Technologies Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Zebra Technologies's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Zebra Technologies (Zebra Technologies) Business Description

Traded in Other Exchanges
Address
3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is a leading provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.
Executives
Bill Burns officer: SVP, Chief Product & Solutions C/O ZEBRA TECHNOLOGIES CORPORATION, 1 ZEBRA PLAZA, HOLTSVILLE NY 11742-1300
Nathan Andrew Winters officer: Acting Chief Financial Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Richard Edward Hudson officer: Chief Revenue Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Frank Blaise Modruson director C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Richard L Keyser director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Anders Gustafsson director, officer: Chief Executive Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Satish Dhanasekaran director 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Armstrong Robert John Jr officer: Chief Marketing Officer C/O ZEBRA TECHNOLOGIES, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Joseph Ramsey White officer: Chief Product & Solutions C/O ZEBRA TECHNOLOGIES, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Michael Cho officer: SVP, Corporate Development C/O ZEBRA TECHNOLOGIES CORPORATION, LINCOLNSHIRE IL 60069
Tamara Dionne Froese officer: Chief Supply Chain Officer C/O ZEBRA TECHNOLOGIES, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Stephen Edgar Williams officer: SVP, Global Supply Chain C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Janice M Roberts director 540 COWPER STREET, SUITE 200, PALO ALTO CA 94301
Michael A Smith director C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069